2021 was an exciting year for Initial Exchange Offerings (IEOs) for Binance and investors.
Binance Launchpad: Token launches in the past 6 months
2021 has been an exciting year for initial exchange offerings (IEOs), with numerous new blockchain projects emerging in the cryptocurrency space. The exclusive token launch platform, Binance Launchpad, assists these projects in raising funds and spreading awareness about the projects and new tokens.
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What is Binance Launchpad?
Binance Launchpad is a unique platform that gives users priority access to new crypto tokens with great potential from major projects. It also helps increase the visibility and adoption of these projects.
In the past, blockchain projects had to plan their own initial coin offerings (ICOs) in order to raise development funds, which often failed to produce memorable results. Creating an exclusive token Launchpad helps to simplify and secure the process of cryptocurrency crowdfunding and eliminate many of the loopholes and risks encountered in past ICOs.
Binance thoroughly investigates cryptocurrency projects before accepting them. Binance need to make sure that the project has reached the appropriate level of maturity, provides a scalable infrastructure, and is truly beneficial to the entire blockchain and cryptocurrency community.
Since its inception in 2019, Binance Launchpad has raised funds for more than 60 projects. Learn more about the latest Launchpad projects:
1. STEPN (GMT)
The newest project in Binance Launchpad, and one of the most exciting yet. The “Earn as you move” fitness app provides users with NFTs for sneakers and encourages them to go outdoors and earn tokens in exchange for steps. In addition, each sneaker has different qualities and attributes and can even be customized in person.
GMT is STEPN’s governance token. After the ICO, the coin surged by more than 300% in just four weeks, and in the first quarter of 2022, the coin has been extremely profitable for the project. STEPN plans to use its profits to expand the ecosystem.
Invest in STEPN (GMT) on Binance
2. Alpine F1® Team Fan Token (ALPINE)
BWT Alpine F1 Team, formerly known as Renault F1 Team, is making its debut in the Formula 1 World Championship in 2021. French carmaker Groupe Renault has rebranded its fleet to promote its sports car brand Alpine
To allow fans to interact with the team, the BWT Alpine F1 team has launched its own native utility token. Alpine F1 Team Fan Tokens (ALPINE) are issued on Binance Smart Chain (BSC), allowing users to influence team decisions with exclusive voting rights, accumulate collectibles and NFTs, and receive special fan rewards.
The value of the ALPINE token has increased by 6.6% in just six weeks after its launch. Now, the Binance Fan Token community and other Binance users can make purchases via spot, P2P, and bank cards.
Invest in Alpine F1® Team Fan Token (ALPINE) on Binance
3. League of Kingdoms (LOKA)
As one of the world’s leading blockchain MMO games, League of Kingdoms allows players to build their own kingdoms, join alliances, develop armies, and expand their dominance in virtual NFT land. The gameplay of League of Kingdoms is similar to a traditional real-time strategy (RTS) game.
LOKA is the native governance token of League of Kingdoms, which can be used as an in-game currency, as well as in-game store purchases, such as special NFT assets. Tokens can also be used to create and vote on on-chain governance proposals to determine future strategies, features and content. After launching in Binance Launchpad, the coin surged 34% in three months.
Invest in League of Kingdoms (LOKA) on Binance
4. Voxies (VOXEL)
Voxies is a free, fast-paced role-playing game (RPG). Collectible 3D voxel companions live on the Ethereum blockchain, through which players can explore the virtual world of Voxtopia. There are over 10,000 Voxies, and each Voxies is a unique, out-of-the-box NFT.
VOXEL is the original utility token of Voxies. The token can be used for all in-game functions, such as purchasing items in Voxies’ marketplace. To earn VOXEL, players can complete in-game quests, engage in PVP battles, explore the virtual world of Voxtopia, and more. Following the ICO in Binance Launchpad, the coin price jumped 10% in four months.
Invest in Voxies (VOXEL) on Binance
5. Porto Fan Token (PORTO)
Porto is a Portuguese professional sports club, known for its football team, nicknamed Dragões (Dragon). Porto is one of the most famous clubs in Portugal and has been involved in every season of the Portuguese Super League since 1934. The team has won numerous domestic and international trophies and is the third team to make the most appearances in the Champions League after Barcelona and Real Madrid.
To enable fans to participate in the club’s activities, Porto released PORTO, a native BEP-20 utility token. PORTO is built and issued on Binance Smart Chain and integrated into the Binance Ecosystem, so token holders can access various Binance features. Most importantly, through PORTO, fans can vote on the affairs of the Porto team, thereby influencing the club’s decision-making. The price of PORTO jumped 4% in four months following the ICO in Binance Launchpad.
Invest in Porto Fan Token (PORTO) on Binance
6. Lazio Fan Token (LAZIO)
SS Lazio, referred to as “Lazio”, is an Italian professional football club based in Rome. It is best known for having won the Coppa Italia more than seven times and the Italian Super Cup three times. The team has also won both the European Cup Winners’ Cup and the European Super Cup. Playing in Serie A, Lazio has a long history as a veteran player in top Italian football.
Lazio launched the LAZIO token to help enhance the fan experience and provide fans with the opportunity to interact with the club in a variety of ways. Through LAZIO, fans have access to exclusive voting rights, gamification features and digital collectibles. LAZIO is built and issued on Binance Smart Chain and is part of the Binance ecosystem. Since the coin’s ICO, its value has grown by 4.4% in the 5 months.
Invest in Lazio Fan Token (LAZIO) on Binance
Binance Launchpad and Binance Launchpool
While Binance Launchpool operates similarly, it is not to be confused with Binance Launchpad.
Binance Launchpool allows users to stake their cryptocurrency tokens in a liquidity pool for emerging blockchain projects. Once the new Launchpool starts mining, users can stake their tokens into the supported liquidity pools.
Rewards are calculated on a daily basis, based on:
- Your investment/staking amount
- Total number of tokens submitted to the pool
Rewards are distributed hourly and evenly distributed each day, so you can get your rewards at any time. 7 days after the token goes live for mining, you will be able to trade on the Binance spot market.
Users can redeem tokens at any time. After the mining period ends, all tokens you staked will be automatically transferred back to the spot wallet.
Ongoing or past Launchpools can be viewed in [Finance] – [Binance Launchpad ]. You can follow the Binance Telegram announcement channel for Launchpool announcements.
The main difference between the two is that Binance Launchpool allows you to earn rewards through liquidity mining. Simply submit Binance Coin or other tokens to the project for a period of time to have the opportunity to purchase tokens that will be launched in the upcoming ICO.
Go to Binance Official Website
Get started with Binance Launchpad
The first step is to register a Binance account and complete identity verification.
Then, you need to fund the account. There are multiple ways to do this. Binance allows you to fund your account with fiat, which you can then convert to cryptocurrency, or top up with cryptocurrency via an external wallet.
The last step is to convert your funds to Binance Coin, you need to submit the project’s cryptocurrency in Binance Launchpad.
Participate in the token launch
Please visit [ Binance Launchpad ] under [Finance ]. There, you can view projects that are preparing to launch token sales. If a project is open for subscription, you can submit Binance Coin to that specific project.
The subscription/calculation period usually lasts 7 days. During this period, Binance will calculate the participation limit based on your average Binance Coin balance over a set number of days.
After that, you will get a small period of time (1 hour) to invest in BNB. Be sure to follow the Binance Telegram announcement channel to avoid missing this window.
Go to the Launchpad page and click on [Invest in BNB]. You will see the maximum committed limit based on the Binance Coin amount in your spot wallet. If you have Binance Coin in another wallet, please transfer it to the spot wallet first.
Once BNB is staked, they will be temporarily locked and can only be redeemed after the end of the final token distribution period. After deducting the relevant Binance Coin amount and releasing the tokens to the spot wallet, the remaining Binance Coins will be unlocked and transferred back to your wallet.
After the final token distribution, Binance will open trading for the new tokens. You can choose to hold the token, or trade it in the spot market.
Go to Binance Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
(Forex Broker)
Comment by Hans
April 24, 2024
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